Taiwan tech trackerApple and Huawei suppliers resilient as trade war hits Taiwan tech sector
Overall sales slump but TSMC, Foxconn and Largan shine
Strong iPhone demand and strategic moves by Huawei benefited their Taiwanese suppliers in the third quarter. (Source photos by Tokuyuki Matsubuchi and Rie Ishii)
CHENG TING-FANG and LAULY LI, Nikkei staff writers
November 15, 2019 17:50 JST
TAIPEI -- Taiwan's tech sector took its biggest hit of the year in October, with 19 companies monitored by Nikkei logging a combined revenue drop of 3.5% on the year. Key Apple and Huawei suppliers proved themselves surprisingly resilient, however, thanks to strong smartphone launches and strategic stockpiling by their two biggest clients.